SG's ST Telemedia set to acquire controlling stake in US firm 2nd Watch

SG's ST Telemedia set to acquire controlling stake in US firm 2nd Watch

Network servers underlying cloud computing.

In what looks like a strategic investment, ST Telemedia, a unit of Singapore state investment firm Temasek Holdings Pte, is set to acquire a controlling stake in US-based cloud service provider 2nd Watch, according to an announcement.